Plain English Breakdown
The source material confirms the bill passed both chambers but does not list a specific effective date or governor's signature status beyond 'Passed Legislature' and 'Heard & Held' as last action.
SB 266: Minimum Payment for Out-of-Network Health Care
This bill requires health care insurers in Alaska to pay non-network providers at least 75% of the median rate paid to network providers for the same service.
What This Bill Does
- Requires insurers to reimburse non-network providers for services or supplies.
- Sets a minimum payment amount equal to 75 percent of the median reimbursement rate given to network providers for the same service.
- Calculates this amount based on the insurer's current rates within Alaska at the time the care is delivered.
Who It Names or Affects
- Health care insurers operating in Alaska
- Non-network health care providers
Limits and Unknowns
- The bill defines 'health care insurer' by referring to another law (AS 21.54.500) rather than defining it directly.
- The effective date of the legislation is not provided in the source material.